$STARHUB LTD(CC3.SI)$ ‌$STARHUB LTD(CC3.SI)$  ‌

The YoY increases of 55.9% and 35.3% for cost of services in 2H2022 and the full year,

respectively, were mainly due to higher Postpaid Mobile costs, higher Broadband costs,higher Network Solutions costs, higher Pay TV content costs and a non-recurring provision relating to DARE+ initiatives of S$22.6 million. Excluding this non-recurring provision, cost of

services would have been S$68.6 million or 42.1% higher in 2H2022 and S$88.8 million or

28.1% higher in the full year.

Looks an addition of 88.8 millions recurring cost .. a bulk of it would be from EPL content cost .. if they pay 160 millions for 3 year rights .. each year will cost 60 millions more, this look like case looking at the expense in the second half.. but the payTV rev is not catching up to the expense ... sad case .  SingTel is smarter for taking the EPL ... 

Do you DD before investing ...